500.com Ltd (NYSE:WBAI) Investor Alert: Lawsuit Alleges False and Misleading Statements
An investor, who purchased shares of 500.com Ltd (NYSE:WBAI), filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by 500.com Ltd in connection with certain allegedly false and misleading statements made in connection with 500.com Ltd's initial public offering ("IPO") on or about November 22, 2013 and between November 22, 2013 through February 25, 2015.
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